Board Roles and Responsibilities
Board of Directors Mandate
The Board of Directors is responsible for supervising the management of the Coast Capital Savings Federal Credit Union (CCSFCU) business and affairs and reporting CCSFCU’s performance to the members. The Board reviews its mandate regularly to ensure that it reflects governance best practice.
Board Chair Charter
The Board Chair presides over the Board and ensures that the Board carries out all of its duties and responsibilities effectively and independent of management. The Chair fosters relationships between the Board and members, management, regulators and other stakeholders.
Director's Mandate
Each Director on the Board works to provide strategic advice and business oversight of the credit union’s operations. This involves contributing to corporate strategy and oversight of CCSFCU’s complex financial business. Directors are required to act honestly, in good faith, and in the best interests of the credit union.
Vice Chair Charter
The Vice Chair is responsible for helping the Board Chair fulfill their responsibilities, chairing Board meetings when the Board Chair is not available, and representing CCSFCU to the public.